MC-Question Which of the following are likely the medium run effects of an increase in unemployment benefits? 1 1 Point I (A) Unemployment rate (B) Increase Price level Decrease Decrease GDP Increase No Change Consumption Natural level of GDP Decrease Increase Increase Decrenzo Decrenee (D) Uncertain Increase (E) No Change Increase Uncertain Inerones Uncertain No change Uncertain Increase Decrease Decrease Decrease MC-Question 2 Which of the following are likely the short run effects of a decrease in the money supply? ( 1 Point ) Investment Interest rate (A) Natural level of GDP Consumption GDP Decrense No change Uncertain No change (B) Uncertain Decrease Uncertain No change Decrease (C) Increase Uncertain Increase Increase Increase (D) Decrease Increase Increase Increase Uncertain (E No change Decrease Decrease Decrease Increase MC-Question 3 [ 1 Point ) Which of the following are likely the medium run effects of an increase in government consumption? Unemployment rate Price level GDP Investment Interest rate (A) Increase Decrease No Change Increase Decrease Decrease Increase Decrease Increase (B) Increase C Uncertain Decrease Increase Increase Uncertain (D) No Change Uncertain No change Uncertain Decrease (E) No Change Increase No Change Decrease Increase ( 1 Point ] MC Question 4 If the dynamic adjustment of net exports to an appreciation of the domestic currency follows the J-curve, then (A) the trade balance first improves and then deteriorates. (B) the increase in real exports is faster than the decrease in real imports. (C) the decrease in real imports is faster than the increase in real exports. (D) the trade balance first deteriorates and then improves. (E) the trade balance will remain unaffected as the quantity effect and the price effect net each other out